The relationship between human development index and growth: An example of Pedroni cointegration

The Human Development Report, published each year since 1990, help countries to calculate their development levels. In this study, panel data analysis was carried out between 1990 and 2015 between Turkey and Germany, USA, Norway, and Italy from selected countries with a high human development index. The relationship between growth rate and the human development index data, which includes education level, average life expectancy, and health index, is used in this framework. According to the pedroni cointegration test, a long-run relationship was found between national income and other variables